Rolling Covered Calls on thinkorswim® Desktop
Options carry a high level of risk and are not suitable for all investors. Certain requirements must be met to trade options through Schwab. Please read the options disclosure document titled "Characteristics and Risks of Standardized Options." Supporting documentation for any claims or statistical information is available upon request.
Covered calls provide downside protection only to the extent of the premium received and limit upside potential to the strike price plus premium received. This strategy should only be used when the trader is willing to sell the stock at the strike price as assignment of the short call can happen at any time up to and including expiration regardless of the in-the-money amount.
This material is intended for informational purposes only and should not be considered a personalized recommendation or investment advice. Investors should review investment strategies for their own particular situations before making any investment decisions.
Examples provided are for illustrative purposes only and not intended to be reflective of results you can expect to achieve.
Past performance is no guarantee of future results.
Investing involves risks, including the loss of principal invested.0823-36C4